Poland will sell 10% of Copper Miner KGHM
Poland may sell up to 10 percent in Europe’s No. 2 copper producer KGHM to support its stretched state budget despite the opposition of its unions and a junior coalition party. For full story, click here
Poland may sell up to 10 percent in Europe’s No. 2 copper producer KGHM to support its stretched state budget despite the opposition of its unions and a junior coalition party. For full story, click here
India copper futures turned steady on Thursday as support from a weak rupee was offset by demand concerns overseas. For full story, click here
U.S. copper futures ended down on Monday, but bounced from their lows as chart-based buying near key technical support levels helped offset earlier losses tied to concerns about the strength of the economic recovery. For full story, click here
Freeport McMoran Copper and Gold has closed yesterday at $56.33. So far the stock has hit a 52-week low of $15.70 and 52-week high of $126.64. Freeport McMoran stock has been showing support around 52.18 and resistance in the 58.74 range. For full story, click here
Southern Copper closed yesterday at $23.14. So far the stock has hit a 52-week low of $9.12 and 52-week high of $37.82. Southern Copper stock has been showing support around 21.92 and resistance in the 23.78 range. Technical indicators for the stock are Bullish. For full story, click here
Indian copper futures traded up on Friday as positive international macro-economic data along with a weak dollar supported investor sentiment. For full story, click here
Southern Copper closed yesterday at $19.53. So far the stock has hit a 52-week low of $9.12 and 52-week high of $38.87. Southern Copper stock has been showing support around 18.44 and resistance in the 20.70 range. Technical indicators for the stock are Bullish. For full story, click here
Southern Copper closed yesterday at $18.57. So far the stock has hit a 52-week low of $9.12 and 52-week high of $39.92. Southern Copper stock has been showing support around 17.96 and resistance in the 19.48 range. For full story, click here
In the latter half of the year, the prices may tend to get support from the economic packages announced by various Governments and we expect to trade in the range of Rs. 150 / kg to Rs. 250/ kg in Indian markets and $ 3,000 / tonne to $ 5,000/ tonne at LME. For full [...]
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